The Only Difference Between C & F and CIF Shipping

question 3

Multiple Choice

The only difference between C & F and CIF shipping contracts is:

• A)C & F shipping contracts do not require the seller to insure the goods
• B)CIF shipping contracts do not require the seller to insure the goods
• C)CIF shipping contracts do not include the cost of shipping
• D)C & F shipping contracts do not include the cost of shipping

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Definitions:

Home Depot

A large retail company specializing in home improvement goods, tools, and construction products.

Drought in Maine

A prolonged period of abnormally low rainfall, leading to a shortage of water, specifically within the geographical area of Maine.

Standing-Room-Only Close

A sales technique that creates a sense of urgency by implying limited availability.

Digital Camera

A device that captures photographs in digital format, allowing for storage, display, and manipulation on computers.